Downtown Los Angeles (DTLA) contains the central business district of Los Angeles, California. In addition, it contains
a diverse residential area of some 85,000 people and covers 5.84 sq mi (15.1 km2). A 2013 study found that the district is home to over 500,000 jobs. It is also part of Central Los Angeles. Downtown Los Angeles is divided into neighborhoods and communities, some overlapping. Most communities are named for the activities concentrated there now or historically, e.g., the Arts, Civic Center, Fashion, Banking, Theater, Toy, and Jewelry districts. It is the hub for the city’s urban rail transit system and Southern California’s Pacific Surfliner and Metrolink commuter rail system. Banks, department stores, and movie palaces initially drew residents and visitors of all socioeconomic classes downtown, but the area declined economically, especially after the 1950s. It remained an important center—in the Civic Center, of government business; on Bunker Hill, of banking, and along Broadway, of retail and entertainment for Hispanic Angelenos, especially immigrants. Now Downtown has been experiencing a renaissance that started in the early 2000s. The Crypto.com Arena anchors downtown’s south end, and along Broadway, pre-war buildings are being restored for new uses, such as luxury condos, co-working spaces, and high-end retail. Bed Bug Exterminator LA King
By 1920, the city’s private and municipal rail lines were far-flung and the most comprehensive in the world in mileage, even besting New York City. By this time, a steady influx of residents and aggressive land developers had transformed the city into a large metropolitan area, with DTLA at its center. Rail lines connected four counties with over 1,100 miles (1,800 km) of the track. During the early 20th century, banking institutions clustered around South Spring Street, forming the Spring Street Financial District. Sometimes referred to as the “Wall Street of the West,” the district held corporate headquarters for financial institutions, including Bank of America, Farmers and Merchants Bank, the Crocker National Bank, California Bank & Trust, and International Savings & Exchange Bank. The Los Angeles Stock Exchange was located on the corridor from 1929 until 1986 before moving into a new building across the Harbor (110) Freeway. Commercial growth brought with it hotel construction—during this period, several grand hotels, the Alexandria (1906), the Rosslyn (1911), and the Biltmore (1923), were erected—and also the need for venues to entertain the growing population of Los Angeles, CA. Broadway became the city’s nightlife, shopping, and entertainment district, with over a dozen theater and movie palaces built before 1932.
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